shari a law in commercial and banking arbitration law and practice in saudi arabia

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Shari A Law In Commercial And Banking Arbitration

Author : Abdulrahman Yahya Baamir
ISBN : 9781317055631
Genre : Law
File Size : 66. 9 MB
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This book provides an analysis of how commercial and banking disputes can be settled under the Islamic regime for arbitration. The work focuses on the Saudi legal system as representative of Shari'a law in commercial and banking arbitration, and where relevant, makes comparisons with the settlement of banking disputes in Egypt and the UAE. Shari'a Law in Commercial and Banking Arbitration provides a general introduction to the Saudi law and to the main principles and sources of Islamic Shari'a, on which Saudi law is based. It explores uncertainties resulting from the current system, such as the payment of interest, and examines possible alternative remedies for both domestic and international banking arbitration. It will be key reading for anyone interested in business and commercial law.

Islamic Law And International Commercial Arbitration

Author : Maria Bhatti
ISBN : 9780429888212
Genre : Business & Economics
File Size : 32. 65 MB
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This book examines the intersection between contemporary International Commercial Arbitration and Shari?a law in order to determine possible tensions that may arise between the two systems. It develops evidentiary and procedural rules under Shari?a, as well as examining the consequences of stipulating qualifications of arbitrators based on gender and/or religion. The author extensively analyses the prohibition against interest (riba) and uncertainty (gharar) under Shari?a and its impact on arbitration agreements, arbitral awards and public policy. The book also explores the prohibition against riba in light of international conventions, such as the United Nations Convention on Contracts for the International Sale of Goods. Case studies in the book include the Asian International Arbitration Centre, formerly the Kuala Lumpur Regional Centre for Arbitration, and the International Islamic Centre for Reconciliation and Arbitration, as well as the ‘Shari’a Standards’ developed by the Accounting and Auditing Organization for Islamic Financial Institutions. The book will be a valuable resource for academics, students and practitioners working in the areas of Islamic law and the Islamic finance industry.

Mixed Legal Systems East And West

Author : Vernon Valentine Palmer
ISBN : 9781317095385
Genre : Law
File Size : 27. 82 MB
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Advancing legal scholarship in the area of mixed legal systems, as well as comparative law more generally, this book expands the comparative study of the world’s legal families to those of jurisdictions containing not only mixtures of common and civil law, but also to those mixing Islamic and/or traditional legal systems with those derived from common and/or civil law traditions. With contributions from leading experts in their fields, the book takes us far beyond the usual focus of comparative law with analysis of a broad range of countries, including relatively neglected and under-researched areas. The discussion is situated within the broader context of the ongoing development and evolution of mixed legal systems against the continuing tides of globalization on the one hand, and on the other hand the emergence of Islamic governments in some parts of the Middle East, the calls for a legal status for Islamic law in some European countries, and the increasing focus on traditional and customary norms of governance in post-colonial contexts. This book will be an invaluable source for students and researchers working in the areas of comparative law, legal pluralism, the evolution of mixed legal systems, and the impact of colonialism on contemporary legal systems. It will also be an important resource for policy-makers and analysts.

Arbitration And International Trade In The Arab Countries

Author : Nathalie Najjar
ISBN : 9789004357488
Genre : Law
File Size : 63. 53 MB
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Arbitration and International Trade in the Arab Countries examines international trade arbitration in the MENA region and analyses legal sources, decisions and practices through the prism of freedom and safety requirements. The work is an essential guide to the body of arbitration law at both the practical and theoretical levels.

Practitioner S Guide To Arbitration In The Middle East And North Africa

Author : Essam Al Tamimi
ISBN : 9781933833309
Genre : Law
File Size : 62. 39 MB
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The Practitioner's Guide to Arbitration in the Middle East and North Africa is the culmination of the real experience and expertise from those experts and authorities directly involved with arbitration in their respective countries. The book is the first of its kind to target the Mena region specifically and is essential for anyone working in the area of arbitration both in the Middle East and world-wide. The practice of arbitration of private disputes is not new to MENA countries. Arbitration has long been recognized as a legitimate and culturally accepted practice of dispute resolution, dating back to dispute resolution practices of the early Islamic period, and even the pre-Islamic era. International commercial arbitration, and its cultural and juridical acceptance, is a more recent and complex phenomenon nonetheless on the rise in MENA countries. It is now standard for arbitration clauses to be included in contracts governing international transactions and there is a growing consensus among MENA merchants engaged in international trade, along with their commercial counterparts in the rest of the world, that international arbitration is preferable to litigation in domestic courts for purposes of resolving private commercial disputes. While subject to some qualifications and restrictions in some instances, in many, if not most, MENA countries, arbitration clauses can be included in contracts with government entities engaging in commercial transactions. Additionally, conferences, seminars, and training programs in international arbitration are on the rise, and various international arbitration centres have been established. The advantages from the perspective of private parties are tremendous: Parties can elect which law will apply to disputes arising from their transactions, and they can remove themselves from the constraints and biases of parochial attitudes in national courts. There is also an increasing acceptance by national courts of international arbitration standards, such as the principle of Kompetenz-Kompetenz, recognising the right of arbitrators to decide their own jurisdiction and the separability of the arbitration clause. More frequently, courts are granting assistance and support to international arbitrations and are more receptive to enforcing foreign awards. This book is a comprehensive guide to arbitration in Algeria, Bahrain, Egypt, Iran, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, UAE, and Yemen. Written in question/answer format by leading practicioners and firms from the region, it elicits the most salient features of the legal framework for arbitration and international arbitration in each of the respective countries.

Essays And Addresses On Arab Laws

Author : W. M. Ballantyne
ISBN : 9781136112669
Genre : Social Science
File Size : 32. 36 MB
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Gathering together the author’s earlier writings along with essays on recent developments, this text provides essential information for anyone wishing to do business in Arab countries and needing to acquaint themselves with the legal position there. The volume presents an impartial examination of the commercial laws of the Gulf Arab states and gives details of how pitfalls and costly errors can be avoided when dealing with those states. Based on the author's extensive professional experience, the book is indispensable to business men contemplating doing business in the Arab world, and to students of Arab commercial life.

Doing Business In Saudi Arabia

Author : Michael O'Kane
ISBN : 9780615431789
Genre : Business & Economics
File Size : 38. 86 MB
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Now greatly expanded, with new sections covering the new Saudi mortgage law, dispute resolution and more!Doing business in Saudi Arabia can be perilous for the new enterprise but promises rich rewards. Those who wish to tap the commercial riches of doing business in the Kingdom of Saudi Arabia need this book. Unlike other books about doing business in the Kingdom, this practical guide will help you avoid the mistakes and pitfalls for the unwary. Among the topics covered are:Corporate FormationGovernment ContractsTort LawSaudi Powers of AttorneyBanking SystemIslamic FinancingOpening Bank AccountsCapital MarketsSecurities BusinessPrivate PlacementsForeign InvestmentImport StandardsCustomsContractor ClassificationTypes of Business EntitiesAgency and DistributionReal PropertyMortgage and Finance LawsConveyancingLiquidationLabor LawIntellectual PropertyTaxation (yes, there are taxes in Saudi Arabia)MiningE-Commerce and Data ProtectionWTO IssuesCorrupt PracticesDispute ResolutionThe New Saudi Arbitration Law...and more.Similar books sell for two or three times the price. Newly revised as of March, 2013, this book is an indispensable tool for any company seeking to open new business lines in the Kingdom.

Arbitration With The Arab Countries

Author : ?Abd al-?am?d A?dab
ISBN : 9789041131706
Genre : Law
File Size : 81. 39 MB
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This book is intended to provide lawyers and businesses with an overview of the legal systems and processes in relation to arbitration in all the Arab jurisdictions in the Middle East and North Africa: Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, United Arab Emirates, Yemen, In addition, there will be a chapter on Muslim arbitration law (Shari'a), the Amman Arab Convention on Commercial Arbitration (1987) and the Riyad Arab Convention on Judicial Cooperation (1983). The new edition will be completely revised, updated, and expanded, providing commentary, an overview of case law, and translations of the relevant statutes. Each chapter will follow the same outline to ensure that they are as consistent and comparative as possible and will cover (but not be limited to) issues such as: the legal and judicial system, the agreement to arbitrate, the arbitrators, the proceedings, arbitral awards, the enforcement of the award, and the means of recourse.

Lex Petrolea And International Investment Law

Author : Nima Mersadi Tabari
ISBN : 9781317221357
Genre :
File Size : 68. 8 MB
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Lex Petrolea and International Investment Law: Law and Practice in the Persian Gulf offers readers a detailed analysis of jurisprudence on the settlement of upstream petroleum disputes between host states in the Persian Gulf and foreign investors. Dr Nima Mersadi Tabari considers the historical, political, and socio-economic roots of the existing frameworks and levels of protection offered to foreign investors. With particular focus on petroleum-related disputes, he initially delivers a comprehensive survey of the jurisprudence of international investment law and investment treaty arbitration. Following on from this, in three dedicated chapters, the author provides in-depth analysis of the legal regimes governing the matter in the major producers of the region: Saudi Arabia, Iraq, and Iran. A key resource for all professionals working on legal issues arising from foreign direct investments in natural resources, this book draws a detailed picture of the legal regime governing the upstream sector in the most important geographical region for the international oil and gas sector.

A Legal Guide To Doing Business In Saudi Arabia Legal And Practical Advice On Company Regulations Labor Tax Finance And Dispute Resolution

Author : Amgad T. Husein
ISBN : 041403211X
Genre :
File Size : 48. 75 MB
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Saudi Arabia has attracted investment from companies of all sizes-from closely-held companies to multinational conglomerates in the energy, defense, healthcare, finance and other sectors. What these companies have in common is a plethora of business opportunities, government contracts and widespread demand for goods and services. At the same time, doing business in Saudi Arabia can be riddled with challenges, including laws in a constant state of flux, the lack of binding judicial precedent and key regulations that remain unpublished. These challenges highlight the need for a clear guide that explains Saudi law not only as it is written, but also as it is applied. This need is fulfilled in the present volume. Beginning with a general introduction to Islamic law (Shariʿa), this Legal Guide outlines the many legal aspects of doing business in Saudi Arabia, from trade, agency and distribution to government tenders and procurement, labor law, mergers and acquisitions. The book, providing an overview of laws such as tax and privacy regulations applicable to all companies, concludes with a discussion of arbitration, litigation and other forms of dispute resolution available in Saudi Arabia.

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